From Sunita Williams and Butch Wilmore’s homecoming to Swiggy launching its B2B app Guarantee, YourStory brings in the present day’s headlines that spotlight vital developments throughout industries.
Right here’s a roundup of key tales:
Featured tales
Meet the 59-year-old who reached the Everest Base Camp
Vasanthy Cheruveettil, a 59-year-old lady from Kerala, trekked solo to Everest Base Camp final month after strolling for 4 months and coaching with the assistance of YouTube movies.
An avid YouTube person, Vasanthy watched movies of individuals trekking to Everest Base Camp, and was impressed.
The subsequent vacation spot on her bucket listing is the Nice Wall of China, and he or she has already began researching it. Vasanthy’s story is a reminder that there are not any limits to the place your goals can take you.
Learn extra
This startup is bringing male reproductive well being to the forefront
Based in 2024 by Harshit Kukreja and Akash Kumar, Raaz gives personalised, evidence-based male reproductive remedy for situations like erectile dysfunction and untimely ejaculation.
The Bengaluru-based startup, gives discreet, accessible, and medically backed options for male reproductive well being.
Learn extra
Newest information
Swiggy launches Guarantee, a B2B app for eating places to supply provides
Fast commerce and meals supply agency Swiggy has constructed an app for restaurant provides. Known as Guarantee, the service is prone to put Swiggy in direct competitors with rival Zomato’s Hyperpure, a B2B restaurant provide chain resolution.
Guarantee is a B2B app for eating places to supply provides. It was launched on Google Play Retailer on September 17 final 12 months and final up to date in December 2024. It was launched by Android Scootsy, a subsidiary of Swiggy, which has additionally launched Lynk Companion, an intra-city logistics platform, and Lynk Pragati, an inside instrument for gross sales at Lynk.
Learn extra
ISRO Chairman Narayanan greets Sunita Williams, says India needs to utilise her experience
ISRO Chairman V Narayanan on Wednesday stated astronaut Sunita Williams’ protected return was a outstanding achievement and a testomony to NASA, SpaceX, and the USA’s dedication to area exploration.
He additionally stated India would want to utilise her experience in area exploration.
NASA astronauts Butch Wilmore and Sunita Williams returned to Earth on Tuesday after 9 months’ keep within the area station. Their eight-day journey in area stretched to 9 months because of a glitch of their Boeing spacecraft.
Learn extra
Dezerv completes Rs 46 Cr ESOP buyback
Wealth-tech startup Dezerv on Wednesday stated it has concluded its Worker Inventory Possession Plan (ESOP) buyback programme, facilitating the liquidation of vested inventory value as much as Rs 46 crore ($5.3 million) for eligible present and former workers.
Whereas the buyback aimed to provide early workers a possibility to create liquidity by way of their ESOPs, the corporate stated workers largely needed to stay invested.
Dezerv, established in April 2021 by former IIFL Wealth Senior Managing Companions—Sandeep Jethwani, Vaibhav Porwal, and Sahil Contractor—goals to offer prosperous Indians with expert-led funding options. In December, the corporate crossed Rs 10,000 crore in belongings below administration.
Learn extra
Funding information
SaaS unicorn Icertis eyes $50M in recent funding
SaaS unicorn Icertishas filed a Type D with the U.S. Securities and Trade Fee (SEC) to boost $50 million.
In 2022, the contract life cycle administration agency secured $150 million by way of a revolving credit score facility and convertible financing from Silicon Valley Financial institution.
The Pune-based agency reported a web revenue of Rs 97 crore for the monetary 12 months ending March 31, 2024, up from Rs 71 crore in FY23. Its working income grew 33% to Rs 863 crore in FY24, in comparison with Rs 649 crore within the earlier 12 months.
Learn extra
Hypergro.ai raises Rs 7 Cr in Pre-Collection A funding
Hypergro.ai, an AI-powered video technology and conversion platform, has secured Rs 7 crore in a Pre-Collection A funding spherical led by Everlasting Capital. Different marquee buyers resembling Silver Needle Ventures, VCats, Astir Ventures, and FAAD Community have additionally participated within the spherical.
The funding will speed up Hypergro’s AI innovation and world growth, strengthening its place as a pacesetter in AI-powered advertising automation, the corporate stated.
Based in 2022 by Rituraj Biswas and Neha Soman and headquartered in Bengaluru, Hypergro.ai utilises AI to resolve inefficiencies in digital advertising resembling handbook execution, fragmented information, and lack of real-time intelligence.
SIDBI Enterprise Capital leads Collection A spherical in Nourish You
Nourish You, a superfoods and plant-based diet model, raised Rs 160 million as a part of its Collection A spherical led by SIDBI Enterprise Capital. This milestone follows the corporate’s strategic acquisition of One Good, a plant-based dairy model, and builds on earlier investments from marquee buyers, together with Nikhil Kamath, Co-founder, Zerodha; Rohit Chennamaneni, Co-founder, Darwinbox, and Samantha Ruth Prabhu.
This funding positions the corporate for accelerated growth and innovation within the superfood sector, with a goal to surpass Rs 100 crore in web income over the subsequent 18-24 months, the corporate stated.
L to R – Rakesh Kilaru, Sowmya Reddy, and Krishna Reddy
Different information
Slumberzone New Zealand to arrange first manufacturing unit in Hyderabad
Slumberzone New Zealand, a luxurious mattress producer, has introduced its entry into India’s $2.5 billion mattress market. The corporate plans to ascertain its first manufacturing unit in Hyderabad with an preliminary funding of Rs 100 crore.
Based in 2005 by Ranjay Sikka, Slumberzone is the third largest participant within the mattress and sleep equipment ecosystem in New Zealand with an annual gross sales exceeding Rs 200 crore.
The Auckland-based retailer and producer’s growth into the Indian market is to money in on the rising demand amongst customers for snug and useful sleep options whereas coping with hectic and traumatic way of life.
Evocus expands its portfolio with black soda product
Beverage model Evocus in the present day introduced the launch of its newest creation—black soda. Evocus’ new launch is particularly designed for the lodge, restaurant and catering (HoReCa) trade, providing a novel different to conventional tender drinks, the corporate stated.
Crafted utilizing pure substances and packaged in eco-friendly supplies, Evocus Black Soda stands out within the aggressive beverage market with its black hue, easy flavour, and superior carbonation, the corporate stated.
Blinkit to ship NeoZAP pay as you go fee tags for ‘Faucet and Pay’ transactions
NeoZAP, a fee tag developed by the fintech arm of Neo Group, has just lately made its debut on fast commerce app Blinkit.
NeoZAP allows tap-and-pay transactions with out requiring web, PINs or apps. Talking in regards to the partnership, Rayan Malhotra, CEO of NeoFinity stated, “Velocity and comfort outline the way forward for funds, and NeoZAP embodies that imaginative and prescient. Partnering with Blinkit permits us to ship on-demand fee options to customers in a matter of minutes, bridging the hole between digital finance and fast commerce.”
